Why did 2970.T stock spike pre-market?

The pre-market spike came with volume of **309,600.00** shares, a breakout above the 50-day average **JPY 837.86**, and strong earnings metrics including EPS **81.69** and PE **12.47** that attracted buyers

What is the short-term risk for 2970.T stock?

Short-term risk is elevated. RSI at **80.89** and CCI **364.90** signal overbought conditions, raising the chance of a pullback toward support near **JPY 869.00** or **JPY 828.40**

What price targets do analysts and Meyka show for 2970.T stock?

Meyka AI projects a one-year target of **JPY 2,733.98**, implying **118.96%** upside from **JPY 1,249.00**. Near-term traders may use **JPY 1,350.00** to **JPY 1,400.00** as tactical targets

How does GLC’s valuation compare within the Real Estate sector?

GLC’s trailing PE **12.47** and price-to-sales **0.76** look modest versus sector averages. Debt-to-equity is **1.70**, higher than some peers, so financial leverage is a relative risk

JP Stocks

GLC Inc. (2970.T) up 43.73% pre-market on JPX: watch momentum into open

ByDanny Kontos February 18, 2026

The 2970.T stock surged 43.73% in pre-market trading to JPY 1,249.00, driven by heavy volume and positive operating metrics. We see a volume spike at 309,600.00 shares versus an average 14,686.00, signaling strong buyer interest ahead of the open. Price strength pushed the share above the 50-day average JPY 837.86 and 200-day average JPY 883.16, reflecting a clear breakout on JPX.